State Auto-IRAs: The Wrong Answer

Wednesday, January 25, 2017 - 4:30pm

The Chamber's white paper titled State Auto-IRAs: The Wrong Answer, outlines the ways state auto-IRAs will hurt the small business workers they are supposed to help and highlights how workers benefit from strengthened and expanded employer-provided plans.

This paper is part of the Chamber's ongoing effort to advance bipartisan support for steps to make it easier for small businesses to offer retirement plans and enable middle-class savers to better plan for their future. It details why state auto-IRAs are the wrong answer; looks at problems presented by state auto-IRAs; and provides alternatives for improving access to employer provided plans.